WolfeDayRocker

High Probability Intraday Setup for Crude Oil Futures

NYMEX:CLK2019   CRUDE OIL FUTURES (MAY 2019)
The following are trades setup ideas in 15 mins chart for Crude Oil Futures .

There are 2 distinctive dotted lines labeled as
1. AI's Intraday Resistance
2. AI's Intraday Support

These 2 Support and Resistance signal lines are generated by machine learning AI robots as a high probability trade setup for long or short.

Long Setup
If price action continues to close above the AI's Intraday Resistance line
AND demonstrates bullish candles above the AI's Intraday Resistance line, the idea is to long on weakness and take profit at Pivot Point R1 price region.

Short Setup
If price action closed below the Pivot Point S1 and AI's intraday Support line
AND subsequently continues to demonstrate weakness below the AI's Intraday Support line, the idea is to short on strength and take profit at Pivot Point S2 price region.

The term "Long on weakness" and "Short on strength" is an important entry technique for traders to achieve alpha. Otherelse than having a winning strategy edge, the entry methodology could significantly improve profit efficiency by achieving better RRR (risk to reward ratio). This for example, could be accomplished by "short on strength" as a trader want to "Sell Higher" and "Buy Low".

Instead of relying on 100% discretionary (human) trading, the robots will provide trade execution plan and it is entirely up to the human trader's decision to follow.
Trade closed: target reached
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